Scott B. Flaherty Sells 5,000 Shares of Willis Lease Finance Co. (NASDAQ:WLFC) Stock

Willis Lease Finance Co. (NASDAQ:WLFC) CFO Scott B. Flaherty sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $200.19, for a total transaction of $1,000,950.00. Following the completion of the sale, the chief financial officer now directly owns 74,955 shares in the company, valued at $15,005,241.45. This trade represents a 6.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Willis Lease Finance Trading Down 1.4 %

NASDAQ WLFC opened at $198.16 on Friday. Willis Lease Finance Co. has a one year low of $44.07 and a one year high of $235.43. The firm has a 50 day simple moving average of $165.11 and a 200-day simple moving average of $107.47. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of 14.04 and a beta of 1.06. The company has a debt-to-equity ratio of 3.84, a quick ratio of 0.76 and a current ratio of 1.16.

Willis Lease Finance Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 21st. Shareholders of record on Tuesday, November 12th will be paid a $0.25 dividend. The ex-dividend date is Tuesday, November 12th. This represents a $1.00 annualized dividend and a dividend yield of 0.50%. Willis Lease Finance’s dividend payout ratio (DPR) is 7.09%.

Institutional Investors Weigh In On Willis Lease Finance

Hedge funds have recently bought and sold shares of the stock. BNP Paribas Financial Markets increased its stake in shares of Willis Lease Finance by 14.0% during the first quarter. BNP Paribas Financial Markets now owns 4,887 shares of the transportation company’s stock worth $242,000 after buying an additional 599 shares during the period. Empowered Funds LLC increased its position in shares of Willis Lease Finance by 7.7% in the 1st quarter. Empowered Funds LLC now owns 22,062 shares of the transportation company’s stock valued at $1,095,000 after purchasing an additional 1,575 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Willis Lease Finance by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 104,869 shares of the transportation company’s stock valued at $5,204,000 after purchasing an additional 865 shares in the last quarter. Hillsdale Investment Management Inc. acquired a new position in shares of Willis Lease Finance during the first quarter worth $114,000. Finally, Nisa Investment Advisors LLC purchased a new position in Willis Lease Finance in the second quarter valued at $69,000. Institutional investors and hedge funds own 93.70% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Willis Lease Finance from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th.

Willis Lease Finance Company Profile

Willis Lease Finance Corporation operates as a lessor and servicer of commercial aircraft and aircraft engines worldwide. The company operates through two segments, Leasing and Related Operations, and Spare Parts Sales. The Leasing and Related Operations segment engages in acquiring and leasing commercial aircraft, aircraft engines, and other aircraft equipment, as well as the purchase and resale of commercial aircraft engines and other aircraft equipment, and other related businesses.